Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Ah ok, very confusing indeed. Thanks for clarifying
But silly that court would allow unsigned (ie worthless?) documents being posted. but maybe i pulled the part out of context and missed the essence
Hexam - Are you sure?
If i look at page 13 of the docket that was posted here, i see :
...it is HEREBY ORDERED THAT:
1. The Filing Exclusivity Period is extended through and including May 5, 2023.
2. The Solicitation Exclusivity Period is extended through and including July 5, 2023.
But maybe im misinterpreting this wrong or these are not the most relevant dates?
Basicly they got court approval to get more time to sort things. Deadlines have been delayed.
We need a second, relevant and on invite only board XD
If half of what was posted here on this board would be relevant to the actual shares - it would be wonderful.
I really dont understand how some people just keep pouring on the nonsense in here. Hopefully you're all making your investment decisions on more concrete matters than the hot air that is spewed here.
What makes you say this? Curious to hear your basis for conclusion.
jesus, look at those intrest expenses for october, killing the entire profit margin.
I cannot wait till the Cineplex gets sorted and they can start to look to renegotiate better terms...
Waw, extremely helpful info. Thank you for this.
Gonna leave the overall link here for future refence : https://cases.ra.kroll.com/cineworld/Home-DocketInfo
then*
You guys got more recent figures that when this started 22ish september?
i think it has been said before - everything will be make or break on how the CP outcome is.
CW already confirmed that the whole pending insecurity around the CP liability was a blocking point for new financing.
As long as its there, now with c11, i dont see why that would change.
i would like to be able to get that PDF that was published
Hey all,
I've taken some time of absence from this board as it began to flood with more and more useless info.
I was wondering if there had been any new relevant info since my departere around the 22th of september.
How is the outlook atm? still the same as 1 month ago or did new VALID info arise?
Thanks in advance
just a little nuance, a big portion of the cash flow deficit in Q3-2022 is due to the RoW-payment of almost 300m
they recorded the cash out flow but not the funding.
im also not familiar as to what level we still get a say under c11, then again although we may not like the proposal, it could be as cold as : Take X dillution or die
So in the end, what the court decides and what our best option is may well be the same. ie D4E or DEfault
Great summary Wellington althou, imo:
1. The valuation of 7bn is on the high end (i would say entreprise value, based on CFs is around 3.5-5bn)
2. I dont think we're gonna deleverage all our debt, prolly the near term and/or DIP amount
despite my personal lower Enterprise-valuation, i do think, in the event that PLEX is favorable, our dillution will be more limited. that being due to (i) possible new finance intrest and the already mentioned (ii) lower debt to be swapped
If only we had Judge Fudge...
it's a welcome message in times of contrary events. It may indeed play in the heads of lenders that at least the industry forecast is positive. Could you imagine how much harder this all would be for LTH if also the forecast was negative.
The reason (IMO, including myself) people here are not primarily focused on some 2023 movie forecast is because CW just has other priorities atm
We gotta fix Cineplex and the Liquidity before the 2023 Movie slate even becomes relevant.
Its good to know that at least, if we survive this winter of obstacles, the outlook is positive.
I seriously cannot wait untill the day we can all celebrate here and be enthousiastic about a good movie year.
But for now, lets stay calm and keep our eyes on the price. (not that we have any impact on it thou...)